12814 Griffing Avenue, Cleveland, OH 44120

$120,000
4
BD
2
BA
2,501
SqFt

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List Price
$120,000
Status
ACTIVE
Stories
2
MLS#
5259327
Year Built
1924
Bedrooms
4
Bathrooms
2
Living Area
2,501
Region
Cleveland
Township
Cleveland
Subdivision / Building
L H Wain Land Cos Rice Heights Al

Property Description

Investment opportunity in Cleveland! Welcome to 12814 Griffing Avenue, a tenant-occupied two-unit property offering immediate rental income and flexibility for its next owner. Both units are currently occupied on month-to-month leases, with each unit renting for $1,000 per month, generating a combined $2,000 in monthly rental income, or $24,000 annually at current rental rates. The month-to-month rental arrangements offer flexibility for an investor looking to continue collecting rental income or explore future opportunities for the property, subject to applicable tenant rights and notice requirements. Whether you're looking to expand your existing rental portfolio or make your first investment in a multifamily property, this duplex is worth a look! Schedule your showing and explore the investment potential of 12814 Griffing Avenue!

Additional Information

Taxes
$1,967
Acres
0.12
Sewer
Public Sewer
View
City
Roof
Asphalt, Fiberglass
Water
Public
Heating
Forced Air
Cooling
None
School District
Cleveland Municipal - 1809

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Calculator source: Real Geeks

Listing Courtesy of: Jacob L. Hamilton, jacobhamiltonllc@gmail.com With Real of Ohio

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